Who designates the location for the Kidokinetics national business meeting or convention?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Schedule, in our discretion, a national business meeting or convention for up to 3 days per year at a location we designate.
If we schedule any national business meeting or convention, you must attend and you must pay us a registration fee per attendee as we designate.
You are also responsible for paying for your transportation, lodging, meals and other expenses to attend any national business meeting or convention (Franchise Agreement, Section 6.5).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, Kidokinetics schedules the location for the national business meeting or convention. Kidokinetics has the discretion to schedule a national business meeting or convention for up to 3 days per year.
If Kidokinetics schedules a meeting or convention, franchisees must attend and pay a registration fee per attendee as designated by Kidokinetics. Franchisees are also responsible for covering their own transportation, lodging, meals, and other related expenses to attend the meeting or convention.
This means that as a Kidokinetics franchisee, you are required to attend the national meeting or convention if Kidokinetics decides to hold one. You will need to factor in the registration fees and travel-related costs into your budget if a meeting is scheduled.